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Dec 23, 2012
12/12
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nancy pelosi is not relevant. to be fair, there is a big automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their arms around this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looking at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going to get americans when they can least afford it. there a lot of tax increases are going to hit this economy hard. we need to be talking about what we can do. >> be one it looks like we will be in a recession. last night, fox news reported that a republican named mike kelly yelled into a microphone at an emergency meeting on plan b last night. he said really, we can't support our speaker. what is going on here? the big question is will john boehner keep his job? the house will be considered with the speaker should be. you think he w
nancy pelosi is not relevant. to be fair, there is a big automatic tax increase that happens january 1. john boehner is -- gerri: i don't think all americans have their arms around this situation. what would be the real change when these ax hikes going to affect? >> we are focusing a lot on these rate hikes going on. you are also looking at something that hasn't gotten a lot of attention, which is a slew of obamacare that are hitting on january 1. a lot of others are taxes that are going...
129
129
Dec 28, 2012
12/12
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comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house speaker john boehner, as we said before, is waiting for the senate to move on some time of legislation. so it appears that the congressional action now moves over to the senate. this meeting started according to senior administration official with president obama reiterating a proposal that he had put on the table on friday. last friday, calling to keep tax rates where they are for income amount of less than $250,000 a year and to extend long term unemployment insurance benefits. that at least as itself would probably not be something that could pass the house. so negotiations would have to continue to something in the middle of what republicans and democrats are asking for, if there is any hope of averting the fiscal cliff. shibani? shibani
comments from house minority leader nancy pelosi she believes the meeting with the president and other congressional leaders has moved them forward. she said it was a constructive meeting, candid as well. she also indicated that the president was definitely trying to get the senate leaders to try to move a proposal first. it appears as though house speaker john boehner, as we said before, is waiting for the senate to move on some time of legislation. so it appears that the congressional action...
120
120
Dec 27, 2012
12/12
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so the politics worked out well for pelosi. it's a total mess, dysfunctial and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got breaking news from the speaker and i believe -- they said we have a couple deals on the table. it's your turn, senate. >> yea eric, that's where the ball is going now. but what i think the speaker and maybe majority leer eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise taxes on $250,000 and above. he moved that goalpost to $400,000 or more. speaker baner was far away saying it should be $1 million. bring it up for a vote. he brought it up and had to pul
so the politics worked out well for pelosi. it's a total mess, dysfunctial and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got breaking news from the speaker and i believe -- they said we have a couple deals on the table. it's your turn, senate. >> yea eric, that's where the ball is going now. but what i think the speaker and...
92
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Dec 26, 2012
12/12
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house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of a george bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and medicare doc fix that prevents deep cuts in medicare the laps of the tax cuts would mean the top tax rate would revert back to 39.6 in the clinton administration from 35% now but taxes will also go up for tax rates would go up for lower-income earners. the maximum lowest rate reverting to 15% from 10% and for investors capital gains rates would revert to 20% from 15% and depending on the analysis the average family would pay 2,000 to $4,000 more in taxes next year. dennis: quick follow-up. in terms of profitmaking in washington is now officially impossible to get a fix in place by december 31st? is it impossible? peter: it is not impossible. you
house speaker john boehner, quote, nothing new and from democratic leader of the house nancy pelosi, her spokesperson saying, quote, i don't know anything right now. as of now the cliff remains clearly in sight. if nothing is done on january 1st, the nation faces a $5 trillion tax increase over ten years through the expiration of a george bush tax cuts and assuming congress does not approve its annual patch for the alternative minimum tax and medicare doc fix that prevents deep cuts in medicare...